‘Railways losing Rs5bn per month due to lockdown’
LAHORE: Railways Minister Sheikh Rashid said on Saturday that train operations could only be restored across the country after the end of...
PM’s aide calls for concerted efforts to achieve macroeconomic goals
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Thursday emphasised upon the need for better coordination...
Dollar surges to Rs130 in open market
ISLAMABAD: The US dollar touched a record high of Rs130 in the open market on Friday, gaining a further Rs0.30 as it...
Pakistan uses militant-tracking technology to hunt Covid-19
Pakistan's intelligence services are deploying secretive surveillance technology normally used to locate militants to instead track coronavirus patients and the people they...
Asad Umar resigns as PM Imran revamps cabinet
Imran appoints Hafeez Sheikh advisor on finance, Firdous Ashiq Awan advisor on mediaÂ
Fawad loses info ministry portfolio, becomes science and...
Sliding forex reserves: Pakistan obtains $450m loan from Credit Suisse
ISLAMABAD: To support dwindling foreign exchange reserves, Pakistan has borrowed $450m on a short-term facility from a Credit Suisse led consortium of...
PLL’s inefficiencies cause losses to the tune of Rs.1.8b
ISLAMABAD: The country has faced a loss of approximately Rs1.8 billion in two months (May and July 2018) as Pakistan Liquefied Natural Gas Limited...
Realtors call for cuts in taxes to boost real estate sector, economy
ISLAMABAD: A delegation of the Traders Welfare Association, Gulberg, Islamabad led by its President Muhammad Najeeb Malik visited the Islamabad Chamber of...
Second-hand car imports being inhibited, not banned, says: Dagha
KARACHI: No ban on import of used cars has been imposed and no plans are under consideration to completely close it, said...
Asad Umar wants IMF accord discussed in parliament
Former finance minister vows to inform the public about discussions he had with IMF before his ouster
Following his appointment as chairman...
Country’s inflation up by 4 per cent
KARACHI: The pace of increase in prices picked up again in November 2017 and the overall inflation rate advanced 4 per cent...
Unstoppable dollar sells at Rs152 in open market
KARACHI:Â The US dollar reached an unprecedented high of Rs152 in the open market on Monday, as the rupee maintained its downturn on...
Engro Corporation’s revenue up by 37pc n 1H 2018
KARACHI: Pakistan’s premier conglomerate, Engro Corporation (PSX: ENGRO) announced its financial results for the half year ended June 30, 2018. The company...
Uzbek companies urged to invest in CPEC economic zones
ISLAMABAD:Â Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar on Monday underlined the need to establish transport and energy corridors, as they would...
CPI Index shows 4.57pc increase in December
KARACHI: The Consumer Price Index (CPI), during December 2017 witnessed an increase of 4.57 per cent as compared to the same month...